…o own payments and keep it as a core part of the platform experience continues to be the right one. Without that ownership, we wouldn’t be able to add the trust, belonging, and legitimacy that is required for a marketplace like Airbnb to work for so many millions of people.
…quirer to use. These decisions can affect transaction risk, acceptance rates, and processing costs. By leveraging machine learning and consuming signals from both our production system and our processors, we can make dynamic decisions about how to route a transaction, optimizing for cost, acceptance, or speed.
…crete events and filter it into different accounts, such as receivables, liabilities, revenue, etc. The financial data pipeline is also constructed around the principle of double-entry bookkeeping, which means money must be added somewhere and removed from somewhere else. In other words, money can’t be created out of thin air.